🔶 YOLOdice.com 🔶 suspended on 16st Mar 2021

[arisatox]

was rakeback already credited to balances? i noticed the link is gone from the site for claiming that

[tabas]

Everyone agreed that closing this could be a good idea because there is a problem right now, but the reality is that we are talking about Ethan starting something new and even better like it's given, maybe he doesn't want to? Maybe he just wants to relax and retire and wants to just kick it with freedom? We should not pressure him for doing something more.

He has already said in the past post he made on this thread.

was rakeback already credited to balances? i noticed the link is gone from the site for claiming that

Chat or email them, they're still online before March 15 if you're concerned about the rakeback or if you haven't claimed it.

[My_name_is_Amicus]

How do you plan to compensate players?

Yolodice incentivized players to bet in volume in order to receive higher daily faucet amounts.

The players have completed their end of the bargain by wagering the volume related to their level and are due the relevant daily faucet.

That is the players money they have earned that.

How do you plan to compensate those players for money lost due to your decision to close the site?

I don't think this is even a relevant or rational concern, and I'm a YOLOdice player who was easily within the top 10-15 wagered amounts for every coin on the site of all-time.

You already received rakeback on your wagered amounts (if you wagered enough to reach level 7), in addition to the faucets you could have claimed every day, and even then the faucet wasn't money you were "owed".  Yeah, you could claim them, but you still had to wager and win enough to withdraw the faucet, it's not like it was coins you could just cash out as soon as they were claimed.  The fact that you think you're owed something based on your faucet claims is pretty absurd.

This just seems like a troll post.  I've never heard of anyone complaining about faucets they were "owed" when other casinos which similar features closed.

EDIT: Looking at your post history, it's pretty obvious you are just a troll.  Nice job asking for loans as "investments" from other people for gambling, and thinking that "gambling licenses" actually do anything in the world of crypto casinos, other than just giving sites a fancy badge to present.

How do you plan to compensate players?

Yolodice incentivized players to bet in volume in order to receive higher daily faucet amounts.

The players have completed their end of the bargain by wagering the volume related to their level and are due the relevant daily faucet.

That is the players money they have earned that.

How do you plan to compensate those players for money lost due to your decision to close the site?

I don't think this is even a relevant or rational concern, and I'm a YOLOdice player who was easily within the top 10-15 wagered amounts for every coin on the site of all-time.

You already received rakeback on your wagered amounts (if you wagered enough to reach level 7), in addition to the faucets you could have claimed every day, and even then the faucet wasn't money you were "owed".  Yeah, you could claim them, but you still had to wager and win enough to withdraw the faucet, it's not like it was coins you could just cash out as soon as they were claimed.  The fact that you think you're owed something based on your faucet claims is pretty absurd.

This just seems like a troll post.  I've never heard of anyone complaining about faucets they were "owed" when other casinos which similar features closed.

EDIT: Looking at your post history, it's pretty obvious you are just a troll.  Nice job asking for loans as "investments" from other people for gambling, and thinking that "gambling licenses" actually do anything in the world of crypto casinos, other than just.


The facts stand independent of your opinion.

Players were incentivised to wager in return for various benefits incuding a daily financial allowance.

Players wagered in various amounts and YOLO dice acknowledged the value of each player's contribution by awarding those benefits.

The players cannot take back their wager volume. They completed what was required by YOLO dice to obtain those benefits and are entitled to them.

BTC is at an all time high. The cumulative value of those daily allowances has increased substantially. Doge for example is 10 times more valuable than it was 2 months ago.

The owners have opted to close the site at this time, and as a direct result players are now denied their entitlement.

My question is simple, and directed to the owners of yolodice. How do you plan to compensate those players for the financial loss?

[Kiritsugu]

was rakeback already credited to balances? i noticed the link is gone from the site for claiming that

If you need to claim yours (same with referral income), please send an email to Ethan via support@yolodice.com and he will look into it.

[janggernaut]

It is officially the end. Screenshot for the record.

Now all investments from Yolodice already become 0. Seems all investors have withdrew their money from Yolodice and with this we can say it won't make Yolodice waiting any longer to close their site. Tbh i thought there will be few investors who didn't pay attention Yolodice will closed, but glad it won't be happen.

Sayonara, Yolodice

[newwest]

It is officially the end. Screenshot for the record.

Now all investments from Yolodice already become 0. Seems all investors have withdrew their money from Yolodice and with this we can say it won't make Yolodice waiting any longer to close their site. Tbh i thought there will be few investors who didn't pay attention Yolodice will closed, but glad it won't be happen.

Sayonara, Yolodice

The good thing what I liked was the clear communication from Yolo's part. They beforehand informed and sent mail, posted here about it. So, this ensured that majority people would know by far even if it is late. This also shows that investors who had invested were active and that is the reason they know about it and withdrew well before the deadline.

[SquallLeonhart]

-snip-

That's true. Although I have earned nowhere near 126k BTC, I can start thinking about funding a new project. The way I work is I usually do most of the initial prototyping (or even the whole project, as with YD) and this has at least 2 great benefits: 1. it can cut costs dramatically, 2. it gives me enough expertise to be in full control of what's going on.

So yeah, not doing anything is tempting and I could probably afford it, but where's the fun?

Right now I've started learning Rust extensively and I'm looking at Polkadot ecosystem - from the info I've gathered going through several coins it's the technology with the greatest potential in the crypto world, plus their ecosystem seems quite reasonably prepared for growth. It's something I can easily say "I like it". The question remains: what can WE do with it :-)

Cheers,
Ethan

I would suggest looking into BSC as well while you are there, I knew that you would come back very quickly and from the looks of it you already started working on things, at least learning things to build something which could be considered a start, Solidity is a great language to learn and BSC is doing much better than most others, because it is managed by Binance and the marketing for it is a lot more extensive which creates opportunity for people.

Obviously speaking it will take some time for you to learn all of that, but right now in BSC there are few places that gets peoples interest and also copies of those places dime a dozen, so if you build something new, that will attract a lot of people for sure, for example there isn't any decent BSC based casino right now, with your casino knowledge and BSC prime for something like that, you could actually build something that everyone would be in love with.

[Fredomago]

It is officially the end. Screenshot for the record.

Now all investments from Yolodice already become 0. Seems all investors have withdrew their money from Yolodice and with this we can say it won't make Yolodice waiting any longer to close their site. Tbh i thought there will be few investors who didn't pay attention Yolodice will closed, but glad it won't be happen.

Sayonara, Yolodice

The good thing what I liked was the clear communication from Yolo's part. They beforehand informed and sent mail, posted here about it. So, this ensured that majority people would know by far even if it is late. This also shows that investors who had invested were active and that is the reason they know about it and withdrew well before the deadline.

Good business attitude, closing everything without causing any problem in the long run. Those investors have enough time
to withdraw everything.

Aside from that, the owner provide communication channels in order to properly address if ever that there's concern regarding
to all the fund that investors may encounter.

Kudos to everyone behind this business, best of luck to your next journey.

[TheGreatPython]

Good business attitude, closing everything without causing any problem in the long run. Those investors have enough time
to withdraw everything.

Aside from that, the owner provide communication channels in order to properly address if ever that there's concern regarding
to all the fund that investors may encounter.

Kudos to everyone behind this business, best of luck to your next journey.

Yolodice has always been a place that acted in the best interest of others instead of themselves, they allowed gamblers to gamble with the best odds possible and allowed investors to make as much as they can while cutting down the commission rates as well, when people lost a lot of LTC he could have just let it be, because he is not responsible for it, some gambler came in and gambled a lot and won a lot of money, why would Ethan be responsible for someone winning a lot?

But, just to make the investors happy he cut the commission rates just so people could recoup their investments back quicker, don't know what happened by the end but I know that he could have made more money if he was more ruthless but he was always happy to help both sides of the platform. This is why I know for a fact that whatever he will do next will be great as well because he is a good person at heart.

[aomakun]

Maybe they have plans to open a new site, or just rebuilt it. If there are satisfied customers, then I am sure they will relaunch another project on short term.

[klink10k]

are there other dice sites offering investment now that yolo is down?

thanks for everything

[Renampun]

are there other dice sites offering investment now that yolo is down?

thanks for everything

there are several, you can try Bitvest and Bustadice...
but you can also find information from places other than the sites I mentioned. *you have to be more active in seeking

[janggernaut]

are there other dice sites offering investment now that yolo is down?

thanks for everything

there are several, you can try Bitvest and Bustadice...
but you can also find information from places other than the sites I mentioned. *you have to be more active in seeking

There is bustabit too, which more popular than bitvest & bustadice.

I agree we hardly to find which gambling site offer investment option just like Yolodice did, they even didn't charge any dilution fee just like other site.

[peter0425]

are there other dice sites offering investment now that yolo is down?

thanks for everything

Why only Look for dice game ? why not invest in casino all the way like Cryptogames.net

But like what above said? Bitvest and Bustadice has their own offering same as what YoloDice gives in the last almost 5years.

[MonsterV]

There are many casino's which have a lot of games, if they are planning to restart the site or another program they really have to make sure they will have the newest technology behind the site, since the competitors also doe, with simple dice games you can not run the site anymore I think, it could also help to offer a sportsbook as well, but it might be more complicated at the end, maybe they are even trying to think about a complete other business which will be crypto related.

[janggernaut]

Why only Look for dice game ? why not invest in casino all the way like Cryptogames.net

Do you know if Cryptogames.net doesn't accept/open investment again since more than a year ago?

There are many casino's which have a lot of games, if they are planning to restart the site or another program they really have to make sure they will have the newest technology behind the site, since the competitors also doe, with simple dice games you can not run the site anymore I think, it could also help to offer a sportsbook as well, but it might be more complicated at the end, maybe they are even trying to think about a complete other business which will be crypto related.

The Reason why Ethan & Scott decided to close Yolodice isn't about they have a dice game only, but rather the time they spent on it. They already too busy to keep running yolodice (they don't have time to spend on other things), so they decided to close yolodice. There are already too many sites offer sportbook, so i don't think they need to consider it when they deciced to re-launch Yolodice.

[jostorres]

are there other dice sites offering investment now that yolo is down?

thanks for everything

I have to say instead of investing into the bankroll, I would advice you to start looking into casinos that are decentralized, there are tokens that allow you to be the owner of the website, the more you have the bigger share you will get, and that way there are possibilities of making money without being at the hands of an owner. Don't get me wrong Ethan was great but not everyone is Ethan and there is no reason to risk it neither, if you invest into a decentralized casino and get their tokens, you will get your dividends here and there and that will help you out a lot and you can use those dividends to buy more and more so you can basically increase your share in that casino.

It is difficult to pick a good one because they lack marketing and rarely have a lot of gamblers but I still think that it would be better than investing into someone's casino if you do not know that person.

[tabas]

Why only Look for dice game ? why not invest in casino all the way like Cryptogames.net

It's no longer cryptogames.net, the new domain is crypto.games and AFAIK, they are no longer offering an investment feature to their casino.

[Bitfort]

Why only Look for dice game ? why not invest in casino all the way like Cryptogames.net

It's no longer cryptogames.net, the new domain is crypto.games and AFAIK, they are no longer offering an investment feature to their casino.

Actually it never was cryptogames.net ... the correct (old) domain was crypto-games.net.
And yes, investing is not available for a long time.
IMO the only remaining (trustworthy) casinos to invest in bankroll are bitvest and bustadice.

As a sidenote for those searching where to put their excesive funds I suggest to check major exchanges and their lending/staking offers.
Binance and kraken offers saving accounts with small daily interest rates.
Bitfinex, poloniex and kucoin allows also lending your funds to other traders.

[jrrsparkles]

Why only Look for dice game ? why not invest in casino all the way like Cryptogames.net

It's no longer cryptogames.net, the new domain is crypto.games and AFAIK, they are no longer offering an investment feature to their casino.

Actually it never was cryptogames.net ... the correct (old) domain was crypto-games.net.
And yes, investing is not available for a long time.
IMO the only remaining (trustworthy) casinos to invest in bankroll are bitvest and bustadice.

As a sidenote for those searching where to put their excesive funds I suggest to check major exchanges and their lending/staking offers.
Binance and kraken offers saving accounts with small daily interest rates.
Bitfinex, poloniex and kucoin allows also lending your funds to other traders.

These two sites are profitable but you can never consider that investing on bankroll of a casino is always going to be profitable, because it depends on the luck of the gamblers, more they loss then investors will make more but consider the trustworthiness I can also stand with your statement.

Lending and staking is not similar to bankroll investment which is more risky because exchanges are risk of getting hacked at any time.